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Global Trade Alert

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Lithuania: Guarantee scheme for trade credit insurers in response to the COVID-19 pandemic

Description

On 22 December 2020, the European Commission approved a EUR 90 (USD 112.5) million portfolio guarantee scheme for trade insurers by Lithuania in response to the COVID-19 pandemic. The beneficiaries of...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Dec 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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